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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.43+0.8%1:12 PM EST

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To: hueyone who wrote (61152)8/29/2002 4:59:50 PM
From: willcousa  Read Replies (1) of 77400
 
If I thought this would reduce the use of options to the highest of management I might be persuaded to support it on that ground alone. However, what will happen is that the rank and file won't get options any more but the top folks will continue to get them, whether expensed or not. You might note that severance pay is an expense and that has not stopped giving outrageous sums of money to people who are leaving the company and who, in many cases, fouled it up in the first place. There is no easy answer. We need more power to the shareholders and then we need them to use it!!!
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